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Daviess County, KY

RANK #377 / 996  ·  POP 102,916  ·  KY

PROJECTED GROWTH: +1.2%

Daviess County sits in the middle of the pack — stable but not accelerating.

[01] Why Daviess County?

Daviess County, Kentucky, is known for its distinctive barbecue mutton and its historical role in bourbon distilling. The county seat, Owensboro, sits along the Ohio River, approximately an hour's drive southeast of Evansville, Indiana, and about two hours north of Nashville, Tennessee. The community offers a blend of urban amenities in Owensboro and a more rural feel in its smaller towns like Whitesville and Philpot. Commutes within the county are generally short, ranging from 5 to 20 minutes. The landscape features flat areas near the river and rolling hills to the south, with numerous parks like Yellow Creek and Panther Creek offering hiking, fishing, and disc golf.

Life in Daviess County appeals to families, with public schools in the Daviess County Public School District generally performing above average. The cost of living is lower than the national average. The economy, historically rooted in agriculture and manufacturing, is experiencing growth driven by investments in various sectors. Recent expansions in manufacturing and other industries have created new jobs. The county's river port also plays a role in commerce, facilitating the movement of goods.

[02] Market Snapshot

Housing Ratio
3.7x

Undervalued relative to economy

GDP Growth
+1.0%

Well below national median

Home Prices
+2.0%

Outpacing national median

Climate & Terrain
-1.2

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 3.7x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Daviess County U.S. National

The Numbers

DEMOGRAPHICS
Population
102,916
+0.42% YoY
Median Household Income
$64,021
Median Home Value
$171,100
+2.05% 12mo
Median Rent
$890
Average Annual Pay
$53,566
+1.9% YoY
Employment
47,217
+2.3% YoY
Income-to-Home-Value
0.3742
More affordable than average
Migration Inflow
2.71%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$226,350
Days on Market
32
Active market
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
96.9%
Negotiation room for buyers
Sold Above List
9.8%
Listings w/ Price Drops
33.3%
Building Permits (2024)
226
Single-Family Permits
198

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$450M
TOTAL
PROJECT AMOUNT STATUS
Reid - Daviess Co 161 kV Solar Project
Undisclosed
$200M Planned
Owensboro Solar Project
NextEra Energy Resources
$150M Planned
Daviess County RNG Project (Landfill Gas-to-Energy)
Red Tail Renewables / Pacolet Milliken / Inyarek partners (TC Energy for pipeline connection)
$50M Operating
Public Safety Facility (Sheriff's Office, Fire Station, EMA, Backup Dispatch)
Daviess County
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.0% 17 percentile
Population Growth +0.4% 48 percentile
Income Growth +11.0% 90 percentile
Vacancy Rate 1.3% 29 percentile
Home Price Change +2.0% 60 percentile
Rent Growth +4.9% 78 percentile
Price/Rent 11x 84 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Daviess County, KY a good place to move to?

Daviess County has a Boom Town Index score of 62/100, ranking #377 among 996 U.S. counties. With job growth at +2.3% and a median household income of $64,021, it's an above-average county on economic indicators.

Is Daviess County affordable?

The median home value in Daviess County is $171,100 with median rent at $890/month. The income-to-home-value ratio is 0.3742, which is more affordable than the national average.

Is Daviess County growing or shrinking?

Population growth: +0.4% year-over-year. Job growth: +2.3%. Home values changed +2.0% in the past 12 months.

Are people moving to Daviess County?

Yes — 2.71% of Daviess County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Garfield County, OK 72 Johnson County, KS 72 Calcasieu Parish, LA 72 Morris County, NJ 72 Chisago County, MN 72 Fauquier County, VA 72 Bossier Parish, LA 72 Allegany County, MD 72